jthehut
124 posts
msg #28405
- Ignore jthehut |
9/8/2003 2:31:30 PM
RumpledOne (or anyone else in the know):
In your experience (REAL trading) does rsi(2) reversed work (ie rsi near 100, close near top of linear regression, etc.) when the market is going down? Do you do this at all...or do you stick with rising stocks?
Wanted to do back-test, but I know that it may not show so well just on the charts...
M aka jabba
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EWZuber
1,373 posts
msg #28415
- Ignore EWZuber |
9/8/2003 10:52:54 PM
jthehut
Just for reference, several of my bearish short position filters are returning rising stocks right now.
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TheRumpledOne
6,411 posts
msg #28421
- Ignore TheRumpledOne |
9/9/2003 3:06:53 AM
If you want to short... RSI(2) > 99% works pretty well especially when combined with a stock hitting the Upper Linear Regression Line.
However, be careful...new highs, make new highs....
If you like to short the QQQ's or buy the QQQ puts, this is killer!
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rrochon
117 posts
msg #28565
- Ignore rrochon |
9/13/2003 6:17:56 PM
Try this short filter:
I couldn't back test it, because it does not find enough stocks on previous days to test.
The filter can be adjusted to find more, but you will need to eliminate some of the parameters. I like the long tail, and wanted good volume, and trending up, and well over bought, so I don't know what you would change to get more stocks.
I'm sure it would do better in a down trending market.
Dick
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rrochon
117 posts
msg #28574
- Ignore rrochon |
9/14/2003 1:06:17 PM
Try this short filter:
I couldn't back test it, because it does not find enough stocks on previous days to test.
The filter can be adjusted to find more, but you will need to eliminate some of the parameters. I like the long tail, and wanted good volume, and trending up, and well over bought, so I don't know what you would change to get more stocks.
I'm sure it would do better in a down trending market.
Dick
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